THE EU CALENDAR ON RUSSIAN SANCTIONS

1. Individual Restrictive Measures: Asset freeze and travel restrictions.

150 people and 37 Russian entities are subject to an asset freeze and a travel ban over their responsibility for actions which undermine or threaten the territorial integrity, sovereignty and independence of Ukraine.

On 13 March 2017, the Council prolonged these measures until 15 September 2017.

2. Restrictive measures in response to the illegal annexation of Crimea and Sevastopol

As a consequence of the EU's non-recognition policy of the illegal annexation of Crimea and Sevastopol by Russia, the Council imposed substantial restrictions on economic relations with Crimea and Sevastopol. These measures include an import ban on goods from Crimea and Sevastopol imposed in June 2014, as well as restrictions introduced in July 2014 on trade and investment related to certain ecoomic sectors and infrastructure projects. In addition, a full ban on investment has been in place since December 2014, along with a prohibition to supply tourism services in Crimea. Exports of further key goods for certain sectors are also banned, including equipment for the prospection, exploration and production of oil, gas and mineral resources.

On 17 June 2016, the Council extended these measures until 23 June 2017

3. Economic Sanctions: Measures targeting exchanges with Russia in specific economic sectors

The European Council meeting on 15 December 2016, assessed the implementation of the Minsk agreements and paved the way for the Council decision to extend the sanctions for the next 6 months until 31 July 2017. These restrictive measures:

• limit access to EU primary and secondary capital markets for 5 major Russian majority state-owned financial institutions and their majority-owned subsidiaries established outside the EU, as well as three major Russian energey and three defence companies.
• Impose an export and import ban on trade in arms.
• establish an export ban for dual-use goods for military use or militray end users in Russia.
• curtail Russian access for certain sensitive technologies and services that can be used for oil production and exploration.

Key Dates Summary:

• 23 June 2017: Restrictive measures Crimea and Sevastopol
• 31 July 2017: Measures in specific economic sectors
• 15 September 2017: Individual Restrictive Measures: Asset freeze and travel restrictions.